Found in Robotics News & Content, with a score of 0.80
February 11, 2020
…market for mobile robotics is expected to exceed $224 billion by 2030, according to global technology market advisory firm ABI Research. Demand in Japan will be particularly high because of the country’s demographic inversion. Having fewer young people than older people means that there is not enough labor supply to do all the work needed to power the economy. Japanese manufacturers must rely on self-driving vehicles and other forms of industrial automation because there simply are not enough humans to do all the work that needs to be done.
Found in Robotics News & Content, with a score of 0.77
May 04, 2021
…than 50,000 warehouses to meet market demands, according to ABI Research. Over 50% of warehouses will have invested in robotics by 2025 to augment labor, predicted Gartner. NextShift patents join JASCI portfolio Mary Ellen Sparrow, co-founder and CEO of Nextshift Robotics, will be joining the new company as a co-founder. Sparrow is the co-author of many robotic patents. The NextShift patent portfolio contains eight robotic patents, with three unique patents and one patent family containing five additional patents. By incorporating lidar and cameras, the NextShift autonomous mobile robot (AMR) can move accurately as well as use a mapping/traffic management system,…
Found in Robotics News & Content, with a score of 0.76
November 08, 2022
…disrupt AMR market BOWE GROUP cited a study from ABI Research which estimated that worldwide shipments of warehouse mobile robots is projected to grow almost 40% between 2021 and 2030, reaching more than 500,000 global shipments in 2030. “To date, developing – and more importantly, deploying – Autonomous Mobile Robots (AMRs) has been an expensive and time-consuming task, due to monolithic, inflexible robot software that is tightly coupled with robot hardware,” BOWE GROUP said. Others involved in the funding round include MOV.AI's existing investors State of Mind Ventures, NFX, and Viola Ventures. “We are excited to have such an innovative…
Found in Robotics News & Content, with a score of 0.73
October 19, 2021
…with a growth rate of about 35%, according to Research and Markets. In the forklift market, automated vehicles are expected to rise from 1% to 33% in 2030, according to ABI Research. Similarly, Fortune Business Insights predicted that AMR demand will experience a compound annual growth rate (CAGR) of 23.7% between 2021 and 2028. Despite growing demand, logistics vehicle manufacturers and new players find it hard to develop AMRs and automated logistics vehicles that meet customer expectations. There has been a lack of development tools and enterprise-grade robotics software, said MOV.AI. The Robotics Engine Platform can speed up robot development,…
Found in Robotics News & Content, with a score of 0.65
November 23, 2022
…robot into healthcare and medical applications,” said William Nguyen, research and development manager at Mitsubishi Electric Automation. “At ABLE, we are very happy to be part of this year's cohort and look forward to working hand in hand with our mentor Nuzha Yakoob, head of technology and innovation at FESTO, and other key players of the robotics space, to enhance the impact of our groundbreaking exoskeleton solution at a global scale,” said Alfons Carnicero Carmona, co-founder and CEO of ABLE Human Motion. Andromeda Robotics' Abi humanoid prototype is designed to help people in elder-care facilities maintain their independence. Source: Andromeda…
Found in Robotics News & Content, with a score of 0.64
May 30, 2023
…director of standards development for A3, in an interview. ABI Research agreed with Franklin’s view on the need for safety standards for robotics. It emphasized the importance of incorporating technology such as machine vision into future system designs. “The importance of automatic protection for industrial mobile robot safety cannot be understated,” said ABI. “While standardization and legal regulations are the driving forces in robot safety, a convergence with technological solutions is a must.” Along with the design process, it’s essential to include process, payload, and safety assessments. Process assessments evaluate the efficiency and accuracy of the robotics system. Payload assessments…
Found in Robotics News & Content, with a score of 0.64
March 01, 2019
…as astounding as it may sound, it’s not enough. Research teams need more data. In fact, they require another source of data to help the technology realize its full potential. “Simulation is a key tool in correlating physical signals, AI scenarios and deep learning models.” — Dhananjai Saranadhi, AutoX Developers, however, don’t just need more data. They require a global collection of data—one that comes closer to accounting for the nearly countless variables encountered by vehicles on the road. To meet these demands, designers are turning to sophisticated simulators, tailored to create digital worlds that provide designers with more insight…
Found in Robotics News & Content, with a score of 0.54
October 26, 2022
…2030, up from $70 million in 2022, according to ABI Research. Jetson helps deliver RaaS Cartken is among several autonomous mobile robot (AMR) startups using NVIDIA Jetson to make advances across agriculture, manufacturing, retail, and last-mile delivery. The company offers robotics as a service (RaaS) to customers in a pay-for-usage model. As a white-label technology provider, Cartken enables companies to customize the robots for their particular brand appearance and specific application features. A growing number of companies is offering RaaS for everything from on-demand remote museum visits to autonomous industrial lawn mowers, noted NVIDIA. Cartken relies on the NVIDIA Jetson…
Found in Robotics News & Content, with a score of 0.48
August 14, 2021
…common, with 50,000 facilities using them by 2025, predicts ABI Research. Pick-and-place robots have seen more interest than most, but the reasons why may not be immediately clear. Here’s how robots can improve picking operations in warehouses. Improved efficiency The most immediately recognizable benefit of robots in picking is that they can improve productivity. Repetitive tasks are ideal for automation because machines can typically perform them faster than people, who may find the job tedious. After hours of doing a monotonous task, human workers can start to grow tired and slow down, but not robots. Pick-and-place robots further improve efficiency…
Found in Robotics News & Content, with a score of 0.46
June 09, 2021
…will grow to $158.6 billion by 2030, according to ABI Research There will be more than 15 million autonomous mobile robots (AMRs) in the world by then, and some type of visual perception will power 90% of those machines, said Gideon Brothers. AMRs can make processes and workflows more efficient and productive, the startup said. This is typically achieved by performing non-value added tasks—such as transporting, picking up, and dropping off products—in order to free up laborers to perform other tasks that add value to the operation. Gideon Brothers said that with its technology, ” a true collaboration between robots…
Found in Robotics News & Content, with a score of 0.45
June 04, 2019
…is expected to be strong for the foreseeable future. ABI research expects today’s automated warehouses worldwide to climb from 4,000 to 50,000 by 2023. The firm says those facilities will have four million robots. The International Federation of Robotics projects 14% annual growth in robot sales globally through 2021. In North America, non-automotive robot sales were up 17% last year over 2017, explains Jeff Burnstein, president of the Association for Advancing Automation, in this month’s NextGen: The Interview. Just as important, venture capital is flowing to robot startups. GreyOrange raised $140 million last year, bringing the total raised to $170…
Found in Robotics News & Content, with a score of 0.44
January 26, 2022
…be installed at more than 50,000 warehouses, according to ABI Research. “Innovation is at our core and is a major factor behind FedEx strategy in China,” said Robert Chu, vice president of operations at FedEx China. “To meet customers’ changing needs, we have been exploring and investing in new technologies to enhance every key aspect of transportation.” “The rapid rise in e-commerce has led to higher customer demand for timeliness and flexibility in logistics services, creating new challenges and opportunities for the entire logistics industry,” he said. “Our collaboration with Dorabot is our latest effort to improve operational efficiencies and…
